Arne Sand

UniCredit Bank AG (Private Banking) (UniCredit PB) is the German private banking division of UniCredit Bank AG, ultimately owned by UniCredit SpA (MI: UCG, ADR: UNCFY) in Italy. Formerly known as HVB AG Private Banking, the firm is headquartered in Munich. UniCredit PB provides advisory services to high-net worth private customers.

Merrill Lynch, Pierce, Fenner & Smith, Inc. (MLPF&S) is a global investment banking firm, SEC-registered investment advisor, broker-dealer, and futures commission merchant headquartered in New York City. The firm is a subsidiary of BAC North America Holding Co., ultimately held by Bank of America Corp. (NYSE: BAC). MLPF&S provides investment advisory services to individuals, trusts, estates, charitable organizations, banks, insurance companies, thrift institutions, pension and profit-sharing plans, corporations and other types of business.

W&W Asset Management GmbH (WAM) is an asset management firm headquartered in Kornwestheim, Germany. The firm was founded in 2000 and is a subsidiary of Wüstenrot & Württembergische AG (ETR: WUW), itself a subsidiary of Wüstenrot Stiftung Gemeinschaft der Freunde Deutscher. WAM manages investment funds and portfolios for high-net worth individuals, private and institutional clients. They also manage equity, fixed-income and private equity investments for the insurance firms of the WUW group.